2024 Ira Contribution Limits Catch Up Over 50

2024 Ira Contribution Limits Catch Up Over 50. Those limits reflect an increase of $500. In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each year, so long as you’ve made your contributions by the end of the calendar year.

In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each year, so long as you’ve made your contributions by the end of the calendar year. The 2025 ira contribution limit remains $7,000, the same as in 2024.